Data is ubiquitous in healthcare, but developing operational and strategic imperatives from it is dependent upon analytics—the discovery and interpretation of meaningful patterns in that sea of data. Beyond reporting and tracking clinical, financial, and operational information, healthcare leaders need to step back and ask: What is this data telling me? What actions should I take based on an analysis of the data?
Innovative leaders are leveraging analytics to drive deep change in the culture of their organization to enhance operations...
With the shift from fee-for-service to value-based payment accelerating, most healthcare finance leaders are focused on adopting and operating risk-based reimbursement models for medical services. A variety of reimbursement arrangements are at play, including bundled payments accountable care organizations, shared savings programs, MACRA, and directto-employer health plans. To succeed in this business model shift, health systems, hospitals, and physician practices face daunting challenges to develop the essential competencies required to manage risk-based...
The emergence of precision technology innovations and the resulting consumer-driven demand for precision medicine are affecting current and future growth strategies for healthcare organizations. Forward-thinking leaders need to shape sustainable strategies for genetic and molecular medicine that will enhance their organizations’ ability to meet clinical and business needs.
Lean value-based payment models and increasing consumerism in the healthcare sector are driving innovative approaches to revenue cycle management RCM) at health systems, hospitals, and physician practices. RCM innovation is not only transforming traditional revenue cycle functions such as insurance claim and billing processes but also expanding the scope of revenue cycle staff activity into new areas such as patient registration and postacute patient engagement. This roundtable examines strategies for success in launching and operating RCM innovation initiatives,...
By cultivating creative leadership and real-time collaboration, physician executives develop trust and the ability to make the decisions that lead to improved patient outcomes.
